TS Industries Has Record Profit for Second Quarter

TS Industries, a Huntington Beach maker of foam insulation, posted record second-quarter earnings of $174,000 contrasted with a $324,000 loss during the same period last year. Revenue for the quarter rose 61% to $6.1 million, from $3.8 million last year.

For the first six months, TS Industries showed net income of $442,000, contrasted with a loss of $216,000 during the same period last year. Revenue climbed to $13 million for the first six months, up from $8.6 million last year.

Val Benincosa, the company’s vice president of finance, attributed the increase in sales to the opening of a plant in Covington, Ky., which allowed the company to penetrate Sun Belt markets.